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According to Reuters, heavy rains in Argentina have led to excessive soil moisture in the country's main agricultural regions, which could make it difficult to harvest soybeans in 2024.   Heavy downpours caused flooding in some areas of Buenos Aires, and people walked around the city waist-deep in water. According to the National Weather Service, 15-75 mm of rain has fallen in the main agricultural areas over the past 24 hours, and the intensity will increase in the coming days....

The world's largest grain exporter, the Russian Federation, is stepping up exports of cheap wheat to reduce stocks ahead of a new record harvest. This reduces food inflation in importing countries, but increases competition between exporters. Against this background, prices for European and American wheat fell to a 3.5-year low, and China canceled several agreements to buy them. According to StoneX experts, the Russian Federation can export 4.5-4.8 million tons of wheat in March, which...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2400 Peas 12500 10833 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...

According to AgRural, as of March 7, the soybean harvesting campaign in Brazil was completed on 55% of the planned areas, which is slightly lower than last year's 53% at the same date. Harvesting rates have slowed slightly due to rainfall, which, on the other hand, improves conditions for planting and developing the second crop of corn, safrinha, which is planted on 93% of the planned areas (compared to 82% the previous year). According to experts' estimates, the final stage of planting...

Against the background of blocking the border between Ukraine and Poland, the governments of both countries are actively working on issues of joint customs and border control and mutual licensing of export of agricultural products.   On Friday, technical consultations were held before the signing of the agreement on joint customs and border control, after which the Polish side will send the document for consideration by the European Commission.   Currently, many issues...

According to the state Food Corporation of India, wheat stocks in state warehouses as of March 1 decreased to the lowest level since 2017 at 9.7 million tons, while in this period in 2022 they reached 11.7 million tons, Reuters reports.   Due to the low harvests of the last two years, the country's authorities sold record amounts of stocks to support domestic prices. Despite the shortage of supplies, the Indian government refuses to increase wheat imports by reducing or canceling...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2400 Peas 12500 10833 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...

Last week, palm oil futures in Malaysia rose in anticipation of a report on production, exports and inventories, due on March 10.   Yesterday, May palm oil futures on Bursa Malaysia rose another 1% to RM4,131/t or $883/t (+4.9% for the week), the highest since July 24, 2023.   According to the Malaysian Palm Oil Council (PMOC), in February, palm oil production in the country decreased by 10.18% compared to January to a 10-month low of 1.26 million tons, exports by 24.75%...